DEDUCTIBLE


Meaning of DEDUCTIBLE in English

adj.

Function: noun

Date: 1929

: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against also : the amount of the loss specified in such a clause

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.